Beijing's traffic woes drive talk of relocating capital

NBC News' Eric Baculinao reports: Sharp limits will be imposed on the number of new cars licensed in Beijing next year, and purchases would be limited to the city’s registered residents only, to the exclusion of millions of migrants living there.

The sweeping rules will curb new car licenses by a whopping two-thirds, bring in stiff parking fees and also bar out of town vehicles from entering the main city area during rush hours.